- Naranj Research Desk
Al Cenomi Retail was founded in 1990 as Fawaz A. Alhokair & Co by Fawaz, Salman, and Abdulmajeed Alhokair. It opened its first store in 1991 and has since grown into the leading franchise retailer in Saudi Arabia and the only listed company of its kind in the Middle East.
Today, Cenomi Retail operates 880 stores across 159 shopping malls in 9 countries, covering around 367,000 square meters of retail space. The company employs over 7,000 people and manages 51 brands across fashion (women, men, kids, and baby), department stores, shoes and accessories, cosmetics, as well as restaurants and coffee shops.
CENOMI RETAIL — TASI —
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 36.64 | Neutral |
| CCI-20 | -116.34 | Oversold |
| Stochastic RSI | 18.15 | Oversold |
| Stochastic %K | 19.56 | Oversold |
| William %R | -18.36 | Overbought |
| EMA | Value | Stock Position |
|---|---|---|
| 10 EMA | 17.34 | Below |
| 20 EMA | 17.79 | Below |
| 30 EMA | 18.22 | Below |
| 50 EMA | 19.08 | Below |
| 100 EMA | 20.47 | Below |
| 200 EMA | 20.49 | Below |
Based on our stock trading advice in Saudi Arabia, AFG International stock price target will be SAR 18.2 - SAR 18.4 in the next 15-16 trading sessions.